Gross Domestic Product — Value Standard Local Currency, 2015 prices in Curacao
Curacao: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 4,780 million SLC in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Curacao, 2005–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Curacao recorded 4,780 million SLC for gross domestic product — value standard local currency, 2015 prices in 2024.
That represents a change of down 0.3% on the previous year and down 12.3% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Curacao peaked at 5,540 million SLC in 2011 and was at its lowest, 4,133 million SLC, in 2020.
Curacao ranks 196th of 223 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Curacao, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 5,202 million SLC | — |
| 2006 | 5,286 million SLC | +1.6% |
| 2007 | 5,416 million SLC | +2.5% |
| 2008 | 5,533 million SLC | +2.2% |
| 2009 | 5,503 million SLC | -0.5% |
| 2010 | 5,507 million SLC | +0.1% |
| 2011 | 5,540 million SLC | +0.6% |
| 2012 | 5,520 million SLC | -0.3% |
| 2013 | 5,485 million SLC | -0.6% |
| 2014 | 5,450 million SLC | -0.6% |
| 2015 | 5,475 million SLC | +0.5% |
| 2016 | 5,417 million SLC | -1.1% |
| 2017 | 5,348 million SLC | -1.3% |
| 2018 | 5,235 million SLC | -2.1% |
| 2019 | 5,067 million SLC | -3.2% |
| 2020 | 4,133 million SLC | -18.4% |
| 2021 | 4,306 million SLC | +4.2% |
| 2022 | 4,603 million SLC | +6.9% |
| 2023 | 4,797 million SLC | +4.2% |
| 2024 | 4,780 million SLC | -0.3% |
Curacao compared with similar countries
- Curacao's 4,780 million SLC is below the median for high income countries, which is 202,758 million SLC, 2% of the median. (73 countries reporting)
- Curacao's 4,780 million SLC is below the median for Latin America & Caribbean, which is 91,874 million SLC, 5% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,388 million SLC | 5,202 million SLC | 5,533 million SLC | 5 |
| 2010s | 5,404 million SLC | 5,067 million SLC | 5,540 million SLC | 10 |
| 2020s | 4,524 million SLC | 4,133 million SLC | 4,797 million SLC | 5 |
Countries ranked near Curacao
- 193 Belize 5,504 million SLC compare
- 194 Cayman Islands 5,112 million SLC compare
- 195 Montenegro 4,809 million SLC compare
- 196 Curaçao 4,780 million SLC compare
- 198 Antigua and Barbuda 4,756 million SLC compare
- 199 Liberia 3,655 million SLC compare
More economy & growth data for Curacao
- Exports of goods and services (current US$), per capita 12,092 current US$ per person (2018)
- Gross fixed capital formation (current US$), per capita 6,510 current US$ per person (2018)
- Gross fixed capital formation (current US$), per unit of GDP 0.3405 current US$ per US$ of GDP (2018)
- Gross fixed capital formation (current US$), annual growth rate 19.03 % change on previous year (2018)
- Exports of goods and services (current LCU), per capita 21,645 current LCU per person (2018)
- Exports of goods and services (current LCU), per unit of GDP 1.13 current LCU per US$ of GDP (2018)
- Exports of goods and services (current LCU), annual growth rate 6.52 % change on previous year (2018)
- Gross national expenditure (current LCU), annual growth rate 7.28 % change on previous year (2018)
- Gross national expenditure (current LCU), per unit of GDP 2.31 current LCU per US$ of GDP (2018)
- Gross national expenditure (current LCU), per capita 44,071 current LCU per person (2018)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Curacao?
- Gross domestic product — value standard local currency, 2015 prices in Curacao was 4,780 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Curacao?
- The highest recorded value was 5,540 million SLC in 2011.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Curacao?
- The lowest recorded value was 4,133 million SLC in 2020.
- How does Curacao rank for gross domestic product — value standard local currency, 2015 prices?
- Curacao ranks 196th out of 223 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Curacao?
- Over the last ten years it is down 12.3%. The long-run trend across the full record is falling.
- Where does this Curacao data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).